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be one of them. there are some estimates that we can be energy self-sufficient in the next 30, 40 years, so maybe that helps. this is a very complex issue. it has to be resolved. there has to be a happy medium there. whether or not it is because these ceos are boring abroad for certain things or not, that is up for debate. i'm certainly not one who will take a position on that because i don't know enough about it to make that call. there are a lot of very smart people out there, who we should respect, they are very good at what they do and they are still debating about what the proper solutions to this is. all right now, this is why we're seeing such a huge amount of debate going on in d.c. and in board rooms across the country. washington, d.c. host: there have been reports that secretary geithner will play a role in these talks. guest: the economic team is in place right now. this is obviously a very critical role for the administration and for the american people as a whole. with tim geithner, a lot of people have said he is one of the reasons why things are as shaky as they are righ
energy, the same co2 emission. the end of our planet is possible. but there is an enormous chance for us. what they need our products with lower energy consumption. what they need our energy efficient products. who could better develop this than the united states and the europeans, in cooperation together. to combine innovation on climate change with industry and production. that is possible, but only if we are live. therefore i am in favor of a trade agreement. asked what other obstacles there are. a lot of europeans doubting, but i saw better ground here in the united states, in ohio, and i saw for the first time in a swing state, the co2 question played a major role in the election concerning the coal mining question. to avoid any other misunderstanding, i know what it means to close a coal mine for 35,000 inhabitants, most of them employed in the coal mine. when you close down the coal mine, it was an economic disaster. but today, the coal mine is closed down and you have an economically flourishing city. so it is possible to step away from a traditional industrial structure, with pu
, the government is cutting the top rate to 45%. more to come like should washington sub di size wind energy? more on the fiscal cliff as americans on all levels have to prepare to take the tax hit. i hope it doesn't, but i'm going to break it down next. ♪ [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the rit attorney to help guie you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized docunt tanswer any questions. get started at legalzoom.com today. and now you're protected. get started at legalzoom.com today. why they have a raise your rate cd. toght our guest, thomas sargent. nobel laureate in economics, and one of the most cited economisists in the world. wh
a little bit of energy into this thing and it becomes explosive. it is all energy driven. but the issue really is not that is what the emerging world with its -- whether it is time a court india up with different perspectives. i've seen china and india in 2004, maybe 2003, the trade was maybe $2 billion between the countries. today, i think this is where the chinese prime minister comes to india and we're talking $150 billion on the next verizon. this is without drawing claims. i think what asia is looking for is that we can have correlations within each other. without necessarily being aided to. it is a dangerous game, but all games are dangerous. kissinger credit a lifetime career out of it. [laughter] this is the way it is. military power is a dominant element of strategy will not work. as a background element of strategy, yes, it's essential, important, including for the first time two years ago, the pentagon had a conference i was there in which we discussed india and american cooperation in the pacific. never happened before. it does not mean [indiscernible] we are taking position
energy. clearly, that is the future. that is the vision we have of an america that has powered itself by clean energy. we need to invest in clean energy to create jobs and make america competitive in the most important, new economic sector. china is doing that. europe is doing that. america must do that. it is doing it as a result of a bill we passed, the american recovery and reinvestment act. we need to continue on that path. currency reforms. under democratic leadership, we pass a bipartisan bill that sought to level the playing field by holding accountable companies that manipulate to gain unfair advantages. we know china is doing that. we know others are doing that. we need to pass legislation that will again send it to the senate a bill which will level the playing field for our manufacturers and our competitors. i am pleased to yield now to my good friend from south carolina, the assistant leader of the house of representatives. >> thank you very much. despite coming up about 44 votes short of to 18, -- 218, to prevent our nation of being devastated, republicans in washington c
of over 300 million people, the american society of civil energies put the quality of you are infrastructure as a d, when we're ranked 24th in overall quality in the world when in 2001 we were number two, we're going to spend less than $53 billion. that's not only weak, it's pathetically weak. mr. garamendi: mr. higgins, thank you so very, very much for bringing this issue in stark terms to our attention. you caught me my attention earlier when we were talking about this, but here on the floor, this is a $1,200 billion program that could create 27 million jobs in the next five years? and those are economic analysis that's been done by the new america foundation? mr. higgins: it has. mr. garamendi: and how do we pay for this again? mr. higgins you spay for it as you pay for transportation improvements at the local, state and federal level. you issue debt to finance the life of the project. mr. gare men tee: the same way we build and own our homes, we borrow money to build that personal infrastructure, our home. mr. -- mr. higgins: that's right. mr. garamendi: the borrowing
. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment
. ♪ and harness our technology for new energy solutions. [ female announcer ] around the globe, the people of boeing are working together, to build a better tomorrow. that's why we're here. ♪ i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ >>> coming up, president obama's outreach to the business community. he recently met with a group of ceos at the white house. what did they tell the president? we'll talk to within of them who was in the room, [ abdul-rashid ] i've been working since i was about 16. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ther
this wholesale gas and oil revolution. we have a path to energy independence in america that is $200 billion deficit right now. it is the bridge to renewable energy, renewable energy will take a long time. if we can move to gas we get tremendous benefits in terms of cleaner energy on the way to renewable energy future. if we could get those things done, steve, this would be transformational for our economy but we have not been able to act on these things even though i said earlier there is wide bipartisan -- >> thank you. let me just try to poke holes in this. if we rollback time to just before the financial crisis you look at the u.s. deposition. douglas holtz-eakin was out there talking about that already. and john mccain and others have been but it is much worse today but if you look at the deck in a different way, look at private sector debt, the fact, forget government debt. before the financial crisis private-sector debt was 160% of gdp in the united states and despite averaging, back to 160% of gdp we are still in crisis mode, you had structural corruption between regulators and finan
atomic energy agency which just said iran is not cooperating with nuclear inspectors. they also said iran has completed the installations of centrifuge tez fuel enrichment plant, a plant that can enrichure and yum to 20% which is crucial. it's at that level that it becomes easier to convert it to a weapon. >>> a judge has given a preliminary approval for hostess brands, the maker of twinkies to liquidate. hostess can now start the process of selling the bakeries, brands, and recipes. it will be the most valuable thing it has, everybody. the ceo told reporters after the hearing that they will move as quickly as possible to sole sell those brands. the sad part of 15,000 of the company's 18,500 employees will likely lose their jobs in the next few days. >> it has been 475 days since the united states lost its top credit rating. what are we doing to get it back? seems like we say it every week. mortgage rates another low. the average rate on a 30-year fixed 3.31%. as we said now for well over a year, interest rates are not the problem. >>> and now our fourth story "out front." what's at stake
's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ yeah, i might have ears like a rabbit... but i want to eat meat! [ male announcer ] iams knows dogs love meat. ...but most dry foods add plant protein, like gluten iams never adds gluten. iams adds 50% more animal protein, [ dog 2 ] look at me! i'm a lean, mean flying machine [ dog 1 ] i am too! woo hoo! [ male announcer ] iams. with 50% more animal protein. [ dog 2 ] i'm an iams dog for life. not a rabbit. woof! >>> coming up, president obama's outreach to the business community. he recently met with a group of ceos at the white house. what did they tell the president? we'll talk to within of them who [ female announcer ] with swiffer dusters, a great clean doesn't have to take longer. i'm done. i'm gonna read one of these. i'm gonn
changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> coming up, president obama's outreach to the business community. he recently met with a group of ceos at the white house. what did they tell the president? we'll talk to within of them who was in the room, honeywell ceo david cody on the state of the economy. try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. and we got onesies. sometimes miracles get messy. so we use tide free. no perfumes or dyes for her delicate skin. brad. not it. not it. just kidding. that's our tide. what's yours? >>> w
's another reason more investors are saying... one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> do you remember florida on election day? that was hot. yeah, thosecredibly long lines -- those incredibly long lines of people waiting in the heat for hours on end trying to do the constitutional thing and exercise their right to vote. and the big, long ballots, sometimes ten pages or longer. i remember them well. i stood out there for 13 hours. get what, there are critics who say what i looked at and the hassles those people went through were all a big republican plan to suppress the democratic turnout. now i was in a heavily dominated republican district. but i'll tell you what -- it's been the claim of at least se
is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> in the spotlight tonight, bush 3.0. jeb bush met yesterday with a group of his former staffers at a hotel just steps away from the white house and refused to answer questions about a possible presidential run in 2016. in an interswru online, bush did not rule out a presidential run. he simply said that quote, i am here to catch up with folks and promote education reform. and today, on the day that gq crowned mitt romney the number one least influential person of the year, jeb bush hosted a national summit on education reform in washington. exactly the kind of thing presidential candidates do at this stage leading up to the xul announcement of their candidacy. yesterday, chr
on that and -- >> kimberly: energy efficient. >> dana: i have a complaint about the quality of energy efficient lights. >> kimberly: we'll see you tomorrow. >> bret: president obama says you can pay me now and pay me later. to get off the fiscal cliff. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. is it a negotiating ploy or really what president obama beliefs can happen? the president may be going down a new path tonight in deficit reduction efforts. it's a path that is sure to lead to many obstacles from the other side. chief white house correspondent ed henry has the new developments in a time sensitive story. >> in a dramatic move today, president obama seemed to be trying to split the budget talks to two pieces. suggesting he and lawmakers come up with spending cuts next year after they avoid the fiscal cliff, by extending middle class tax cuts and raising taxes on the rich. >> it would give us more time than next year to work together. on a comprehensive plan to bring down the deficit, streamline our tax system. do in a balanced way. >> the president apparent shift awa
not apply a great deal of energy or strategy to how to mobilize obama's army from 2008. it was quite a crowd and it was muscular and it was ready, sort of like where do we go. you look at those 2 million people. they're looking for direction for a more participatory model. we see that everywhere. it's interesting to see see that cropping up in the summer when in the middle of health care, the tea party rise out of loins to the public and party and it really hijacks the debate during the summer and the administration loses control. the vessel it back after scott brown unless their majority in january the following year. you can't occupy wall street is so coming up out of the white firmament of america and the fall of 2011. obama keeps them in arms length for the most part and i think thinking, and i hear this a lot from progressive that this over the last few weeks and certainly the last few days is with that line, lbj, you know, says taveras leaders of this day, make me do it. martin luther king and others. make they did the right thing. people are starting to get a sense that obama had this
. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. hurry in this friday for great deals. like the droid razr by motorola in cranberry, free. or a white 7-inch samsung galaxy tab 2, just $99.99. this friday, get the best deals on the best devices on the best network. exclusively at verizon. >>> we start the second half of our show with stories we care about where we focus on our reporting from the front lines. tonight at the united nations, ambassador susan rice addressed the controversy surrounding her response to the september 11th attack on the american consulate in benghazi, libya. this is the first time she's addressed it. here she is. >> i relied solely and
-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> lots more coming up from our powerhse r >>> lots more coming up from our powerhouse roundtable and ben affleck after this from our abc station. stations. our powerhouse roundtable and ben affleck after this from our abc station. >>> lots more cominr powerhouse roundtable and ben affleck after this from our abc station. ♪ >>> i'm so happy to be joined by secretary clinton. this is her last foreign trip that we're going to take together. it's fitting that we come to a country that she's done so much to support. i could not be more grateful not only for your service, hillary, but also for the powerful message that you sent about the importance of women and men everywhere embracing and promoting democratic values and human rights. >> shuttling diplomacy this week, hillary clinton, we'll
are at a great moment in america because of energy and all the other things that are happening and because of the other failures you talked about. >> the state of the economy right now, david cole, the ceo of honeywell, served on the simpson-bowles commission and met with the president this week. good to see you, david. and i wonder what you can tell us about the state of the economy right now as the president embarks on a second term. how bullish are you about improving conditions? >> right now, i'm not that bullish at all. in fact, i'd say there's a great uncertainty that's just hanging over the entire economy because we're not confident that our guys can govern anymore. we've got 536 independent contractors all talking about the significance of jobs, but the one thing that they could do that would remove that uncertainty and create this job growth we'd all like, they're not doing. and there's a couple of stumbling blocks. it's not just taxes. we have a significant problem with entitlements. medicare, medicaid in particular. those things need to get resolved together. if we could actuall
clean air and clean water for them. i want jobs where they invent things like new energy sources. yes, i want them to be contributing citizens and pay taxes. i want a safety net for them in case they are disabled. and when they become elderly. and if they get cold in the cold winters of wisconsin. i want my grandchildren to get the american dream. i yield back. >> the gentleman from wisconsin. the gentleman reserve the balance of this time. the gentleman from maryland. >> thank you. i yield one minute to the gentle lady from california. >> thank you for yielding and also for your very bold and effective leadership, mr. van hollen. i rise in strong opposition to this unbalanced debt ceiling bill. this is an unbalanced approach. we know that. we have heard that. furthermore, this debt ceiling bill should have never been an option in terms of having to come to this floor to debate this. we should have, like democratic republican presidents have done in the past, we should have lifted the debt ceiling. rightfully so, many of us are concerned about these discretionary cuts. what are these cut
. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. we're america's natural gas. alriwoah! did you get that? and...flip! yep, look at this. it takes like 20 pictures at a time. i never miss anything. isn't that awesome? uh that's really cool. you should upload these. i know, right? that is really amazing. the pictures are so clear. kevin's a handsome devil that phone does everything! search dog tricks. okay, see if we can teach him something cool. look at how lazy kevin is. kevin, get it together dude cmon, kevin take 20 pictures with burst shot on the galaxy s3. >>> susan rice is about to face her toughest critics on the benghazi attack
countries and canada, by the way, be more competitive. infrastructure, energy, a series of issues on which the -- when both president obama and republican candidate governor romney spoke about north american energy independence, well, that means mexico, too, by definition. >> i have to ask you about the return of the pre. i'm an amateur watcher of mexican politics. when they were ousted, it was this thought of corruption had eaten at the core of the party and a lot of the public had soured on the pri. they're back. is it a new pri or are we going to see some of the old guard come back to power? >> i'm sure we will see some of the old guard come back together pena nieto and we'll see new faces. the main point, chuck, i think, though, is that mexico has changed. maybe the pri hasn't changed but mexico has. it is not the country of the 1980s or 1960s. this is not a country where there's no congress, where there's no media, where there's no unions, where there's no opposition or civil society. mexico has changed enormously these last 15 years. i think for the better. and so even if they wanted
's friendship friendship one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. get a droid incredible 4g lte by htc for $49.99. >>> oh, my god. introduce us. >> this is chandler and you know monica and ross and that's phoebe and joey. >> how are you doing? >> don't! >> friendships, they're complicated. facebook tells me i have 2,900 friends and s.e. has way more than that. when i think about how to call in a pinch, the list whittles down quickly. between time pressures and family and distance, people we care about most sometimes get the least attention. luckily our next
>>> time now for "final trades." >> vmw. >> ves peek energy. chk. >> general dynamics long. >> bac, bank america. i'll wear a name tag next time. >> more "fast" at 5:00. >>> "power" starts right now. >> welcome to a special "rise above" edition of "power lunch," live from the nation's capital. the heart of the action today right now on capitol hill, dozens of ceos are working the hallways trying to convince lawmakers to get a deal done and avoid the fiscal cliff. >>> next stop, the white house later this afternoon. good afternoon, everybody. i'm tyler mathisen. it is a big day in this national discussion about how washington can avoid the fiscal cliff. some of the senators in the center of the debate will be stopping by. we may hear from some ceos this hour. we do expect to hear from some of them at a press conference later this hour. the president, by the way, weighed in on the debate this morning as well. sue, a busy day down here in washington. >> it sure is, ty. indeed it is here as well. we are going to be joined by a very special guest, noted author and investor nassem taleb.
, of course, the controversy involving the energy drinks, shares ring off the highs, still up almost 12 1/2%. goldman sachs says that the fda response to letters sent by two senators on the safety of those energy drinks will likely be benign as far as regulatory concerns go. >>> facebook shares have been on a tear lately up more than 30% the past couple of weeks so has the social media giant finally convinced investors that it's worth a second look? >>> plus you can the chevy volt still struggling to make inroads with buyers but gm now doubling down with a big bet on electric. phil lebeau live at the l.a. auto show. phil? >> i'm sitting in the all-new chevy spark ev. at a time when electric car sales are struggling in the u.s. you is this the right time for gm to roll out an all-electric compact car? that story coming up on "power lunch." sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you th
is to embarrass the administration, to destroy the energy of government, and to substitute the pleasure of an insignificant turbulent or corrupt hunta to the regular deliberations and decisions of a respectable majority. does any of that sound familiar, kind of like what we have been seeing in recent years maybe? the founders by the way also opposed political parties. they didn't want them. they couldn't have foreseen how highly disciplined parties would subvert and remake the system they designed and use rules like the filibuster that didn't even, exist back then to what is the line, destroy the energy of government and substitute the pleasure, caprice to the regular decisions of the respectable majority. i love alexander hamilton. forcing senators to talk when the filibuster doesn't do anything about that problem, and that means it doesn't do anything about the central problem that keeps real majority from governing today. we can't have a political system in which even when the american people vote twice in a row to give one party the power to pursue its agenda, the minority is still
the private sector you will raise their taxes and, their health care costs and their energy costs and raise their labor costs and people are not going to invest, you will not find the job creation you need. american businesses want the president to succeed. i didn't support him or vote for him but i want him to succeed, because his success is tied to my success. and, conversely, his success is tied to the success of american business, and, if he can -- there ought to be common ground here. i'm not seeing it yet. >> lou: what do you think of the idea that a dozen ceos from big companies show up at the white house, to talk big with the big guy, but, small business, that creates most of the jobs in the country not represented. these folks represent a fraction of our economy. and, they have a major, major portion of the lobbying efforts, and the pressure that is applied in washington. what is your reaction to that, andy? >> these are good people, smart people, intelligent people, but, you really have to look at how they are motivated different than small businesses would be, and, these large bu
't have for various reasons. i thought, let's channel that time and energy from the care packages to get the mission essentials, supplies and equipment that they need. we are supporting marines in western afghanistan. a gunnery sergeant contacted us and said, i have 115 men in 10 outposts, they are really remote. a lot of them don't have the perimeter security they need. so what they have to see at night is the night-vision helmet-mounted system, which is designed for close quarters combat or inside a house or very close range because you can't see far with it. so the folks on the other side of the wire, the adversaries, they know how far to walk away from the post so we can't see them. so we are shipping them the night-vision binoculars so they can see farther than the issued night vision system that, allows them to see, get a glimpse of who is out there and how many there are and what direction they are moving and what time they are moving. another thing, this is the first time we have had this request, we got a request for grenade pouches. they have 30 marines who carry grenades in th
latest news in energy. mary thompson is at the nimax. energy all over the map. >> that's right. this morning we have the energy complex that's mixed. we did see initial support to crude oil from that greek deal but that quickly dissipated. dollar strength keeping pressure on crude today. traders of course keeping watch on tensions in the mid easts s but because that provides pressure to crude oil. those are some of the factors at play today. look at the rest of the energy complex, december contracts for gasoline, heating oil, as well as nat gas expire today. natural gas continuing the decline from yesterday after it came under pressure because of a warm forecast for the month of december. checking gold prices. they are pulling back today. expect volatility later as well because of december contract expires. david, back to you. >> all right. thanks very much, mary thompson. i wanted to look at two of the companies involved in the largest deal of the day. that is the $6.8 billion acquisition announced this morning by conagra who has been trying to buy ralcorp for the last couple
! [♪...] ♪ buy 5-hour energy pink lemonade and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >> dana: time now for one more thing. we began the show with brian kilmeade and we'll kick off the last segment with you. >> brian: thig day and jets in the middle of a horrendous season had the ultimate humiliation. one of the touchdowns had the quarterback running in to an offensive lineman and throwing the ball down after he was knocked silly. at the time we thought the jets hit an all-time low. they are the second favorite team after the giants. but i cannot believe how much they fallen and how pathetic they are. until i heard yesterday they have now lost their mascot. the mascot fireman ed has quit. says this. >> j-e-t-a
beyond the obvious of highways and airports, we have to be thinking about our energy infrastructure in this country and whether it serves our economy well. we have already seen thoughtful suggestions on on both sides of the aisle. when it comes to spending and future, we need to be thoughtful about ways to fund infrastructure. many of you saw the article recently in "the washington post." i want to give a belated thanks to the soviets for launching sputnik and schering americans. because of it, there was a program that got me through college and law school. these loans make a big difference, whether it is pell grants or loans. let me look at this honestly. 25% of the federal aid education goes to for-profit schools. they have more than double the student loan default rate than any other. there are ways to cut back on spending and education that will give us opportunities and resources for real education, which can be part of our future. when it comes to the most painful topic of all. i came here in 1983 and was told social security would be on its way out. we rolled up with our slee
the test of time, chevy runs deep. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> i'm brooke baldwin live in new york today. developing right now, round two for ambassador susan rice. she's meeting with the second group of her critics on capitol hill. and so far it's pretty much a replay of yesterday. the meeting that ambassador rice requested with the senators did not go as well, apparently bringing her no closer to gaining their support if rice is nominated for the post of secretary of state. >> i continue to be troubled by the fact that the u.n. ambassador decided to play what was essentially a political role at the height o
available to the energy sector. we have spent to bring that together, we spent more in one year with the oil and gas and energy companies and their industry than we have spent in the entire life of the program of amtrak. clearly there seems to be an imbalance and it's not one that should be continued. regarding the vision of high speed rail, the amtrak excela service is one of those alternatives and know it may only achieve the speeds of average of 83 miles per hour, along the n.e.c., surely that is significantly better than the long delays in crawling engagor interstate systems that we have. this committee should continue the role as it always has to facilitate the development of critical infrastructure and the continuation of one of america's greatest assets, and that's passenger rail. i want to thank all the witnesses before the committee today. and i look forward to hearing your testimony about how the reorganization of amtrak can make it an even greater service to the american public. with that i yield back. >> i thank the gentlelady. recognize mrs. napolitano. >> thank you, mr. chairma
have an energy sector that is the envy of the world. between a rebound in housing that we'll be exhibiting, a strong banking system with an energy sector that's going to add a large amount of jobs. the only thing in between a great successful economy is this fiscal cliff which could be a rather large destabilizer of the potential economy for the next two years. >> if they can't do something about that the economy goes into recession. >> if we follow the cliff, we'll go into the cliff. right now you're seeing behavior changing by the ceos. they're hiring back holding, hiring back spending at the moment. you're not witnessing that yet certainly with christmas sales in individuals. if we fall over the cliff, you'll see payroll tax increases and extension of employment benefits go away. that alone would probably lower the economy by 2%. >> ceos meeting with the president, what are they saying to him? what should he do about entitlements as well as about new revenue? >> every ceo is having a different view on that. i come with a view that it has to be a
talked about on cbs, nbc, cnn, or any of the networks. he just announced that he can do an energy tax tomorrow and not have broken his word. an energy tax, wacking the middle class. he could raise income taxes on people a year from now. which is why what he wanted to do is kick out the bush rates for those making less $250,000 a year. this is where you talk about the dual mandate. we are talking about marginal tax rates, higher income people and successful small businesses. that raises $400 billion -- there are other taxes, in addition to the rate increases he wants to include. over a decade. he has $800 billion he plans to raise from higher income people. the size of the debt -- if he gets that, in his budget, assuming he gets the tax hike -- he raises $8 trillion in debt over the next decade. having solved less than 10% of the problem, he then comes back and says, now, who is going to pay the $8 trillion? that is the energy tax. which, of course, the treasury department -- carbon in e-mails several thousand -- are the typing it out on carbon paper? you cannot turn the united states
is the most difficult thing for you to control as you get this show on the road? >> my energy. >> you probably have to drink a lot of coffee. >> we stay up for a really long time, so coffee is our friend. there's nothing you can control. you can plan all you want. the parade is made up of 10,000 volunteers. it's their energy that keeps this perception going. we've got a brand-new parade route this year. we're going to march down sixth avenue. it's wider, direct, right down to macy's a lot more public space. we're used to having 3.5 million people in new york see it. it's going to be a magnificent day. >> i always feel for the folks that are performing in those little skirts and the drum majors and the like. do they ever complain, or is it just such an honor? >> they really don't complain. they know up front it's going to be cold. most of the time if they look underdressed, they've got a lot of layers underneath. what's interesting, we have the band practice at 3:00 in the morning. not only is it cold but it's dark. and these bands come from all over the country. so many of them have never even
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technology for new energy solutions. >> around the globe the people of boeing are working together. to build a better tomorrow. >> that's why we're here. >> this rock has never stood still. since 1875, we've been there for our clients through good times and bad. when their needs changed, we were there to meet them. through the years, from insurance to investment management, from real estate to retirement solutions, we've developed new ideas for the financial challenges ahead. this rock has never stood still. and that's one thing that will never change. prudential. >> additional corporate funding is provided by norfolk southern. additional funding is provided by the annenberg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. once again, from washington, sitting in for gwen ifill this week, pete williams of nbc news. pete: good evening. we hope your holiday went well. president obama and hillary clinton could not have expected their week to unfold as it did. the president was hoping to focus new attention on the promi
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, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. to get our adt security system. and one really big reason -- the house next door. our neighbor's house was broken into. luckily, her family wasn't there, but what if this happened here? what if our girls were home? and since we can't monitor everything 24/7, we got someone who could. adt. [ male announcer ] while some companies are new to home security, adt has been helping to save lives for over 135 years. we have more monitoring centers, more of tomorrow's technology right here today, and more value. 24/7 monitoring against burglary, fire, and high levels of carbon monoxide, starting at just over $1 a day. and now get adt installed for just $99. isn't your family worth ame
of the department of education, get rid of the department of energy or whatever. no, reform government so it costs less. 100,000 kids in arizona will now have a $5,000 voucher, they can take to a public school, a private school, a parochial school, home school, if they don't spend it -- >> so you're saying -- >> you don't need more money, you need reforms. we've given the post office -- would allowing fedex and u.p.s. to deliver mail make your post office mail get their sooner? >> this is one of the questions on the card. when you leave here very shortly you're going to go to your wednesday meeting. this is a literal meeting of the right wing conspiracy, right? >> about this size. >> this is a weekly meeting that you've had -- >> some of the people from there are here. [laughter] i see you. >> so this is a weekly meeting of what you call the center right coalition. you have similar meetings, 60 of them, in 48 states, around the country. and this is a place where members of congress, people from think tanks, people who generally agree get together to kind of open mike, there's 150 people, sometimes
passed a comprehensive energy plan off the floor of this house. protected social security, advanced so many other issues. a in my opinion, tip o'neill was the elder -- was the albert einstein of politics. he knew what it took in order to make this institution work. he knew what it took to reach across the aisle, to find people of good will, to make this chamber work and to advance the agenda for this country. so for for me, it's a great honor to be here because buildings, as we name them, also embody that person. it is my hope that as people walk in and out of this building for the 21st century, that they think about who tip o'neill was. they think about, yes, how much he loved political war, but at the same time he brought his own personal warmth to that, that it was not separated here on the house floor. it is my hope in naming this building perhaps this process this great institution, can be an nated by his great legacy and i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the gentleman from california reserves his time. >> mr. speaker, i reser
us, and making me really depressed for the last 30 seconds of the show. >>guest: you can energy vegan feast, as well. >>eric: thank you. i will see you on "the five" in exactly three minutes everybody. [ male announcer ] you've reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. sowhy let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help . stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor.
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